Macro Realities

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Macro Realities Micro Considerations
The Graduate Management Education Market in 2007
Education Markets and Globalization
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Demand remains strong
Prospective Student Pipeline
Interest in the MBA and other graduate
management education programs continues to grow

Education Markets and Globalization
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Worldwide GMAT Tests-Taken by Testing Year

• Source GMAT Interactive Profile
• Testing Year runs July 1 through June 30
• Ex TY2002 covers the period from July 1, 2001
  to June 30, 2002.
  

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Top 10 GMAT Testing Countries TY2007
Source GMAT Interactive Profile
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Economic Growth and Convergence
The Global Economy
Global Economy
Global growth and integration has given
individuals a much stronger capacity to build
personal wealth, which grants them the
opportunity to plan and finance investments in
all goods and services, including education
Education Markets and Globalization
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Economic Growth in Selected Countries
5-Year Average Real GDP Annual Growth Rate
(2002-2006)
6,621 3,308 8,862 7,826 38,165 30,237 27
,992 28,877
2006 GDP per capita
2006 GDP per capita is shown as PPP (purchasing
power parity in constant 2000 international )
Source World Bank WDI
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Economic Growth in Asia
6,621 3,308
27,992 20,572 8,065
8,862
2006 GDP per capita
2006 GDP per capita is shown as PPP (purchasing
power parity in constant 2000 international )
Source World Bank WDI
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Economic Growth in Europe
28,877 27,438 21,675
26,496 24,681 30,237
8,862
2006 GDP per capita
2006 GDP per capita is shown as PPP (purchasing
power parity in constant 2000 international )
Source World Bank WDI
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Economic Growth in Latin America, Mexico, the
Caribbean
13,652 7,826 10,939
6,886 9,967 5,725 6,485
8,862
2006 GDP per capita
2006 GDP per capita is shown as PPP (purchasing
power parity in constant 2000 international )
Source World Bank WDI
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Economic Growth in the Middle East and Africa
23,020 1,137
4,876 1,008 7,842
8,862
2006 GDP per capita
2006 GDP per capita is shown as PPP (purchasing
power parity in constant 2000 international )
Source World Bank WDI
2005 estimate
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Economic Growth in the U.S. and Canada
30,278
38,165
8,862
2006 GDP per capita
2006 GDP per capita is shown as PPP (purchasing
power parity in constant 2000 international )
Source World Bank WDI
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Asia Pacific- Europe - Latin America,
Mexico, the Caribbean- Middle East
Africa- U.S. Canada
Appendix Regional Classifications
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Asia Pacific
Australia Pacific Islands American Samoa Aus
tralia Christmas Island Fiji Kiribati Marshall
Island Papua New Guinea New Zealand Palau Ton
ga Samoa
Asia Brunei Myanmar (Burma) Hong Kong Indo
nesia Japan Cambodia Korea, D.P.R. of (North)
Korea, Rep. of (South) Laos Macau (SAR of China)
Malaysia Maldives Mongolia China, Peoples Re
public Philippines Singapore Sri Lanka Taiwan
Thailand Vietnam
Central Asia Afghanistan Bangladesh Bhutan In
dia Kazakhstan Kyrgyzstan Nepal Pakistan Taji
kistan
Turkmenistan Uzbekistan
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Europe
Eastern EuropeAlbania Andorra Armenia Azerbai
jan Bosnia-Herzegovina Bulgaria Belarus Croati
a Czech Republic Estonia Georgia Hungary Latv
ia Lithuania Macedonia, The F.Y.R. of Moldova
Poland Romania Russia Slovakia Slovenia Ukra
ine Yugoslavia
Western Europe Austria Belgium Cyprus Denmark
Finland France Germany Greece Iceland Irela
nd Italy Liechtenstein Luxembourg Malta Monac
o Netherlands Norway Portugal Spain Sweden S
witzerland United Kingdom
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Middle East Africa
Africa Algeria Angola Benin Botswana Buru
ndi Cameroon Cape Verde Chad Congo, Republic o
f the Egypt Eritrea Ethiopia Gabon Gambia, Th
e Ghana Guinea Cote Divoire (Ivory Coast) Ken
ya Lesotho Liberia Libya Madagascar Malawi
Mali Mauritania Mauritius Morocco Mozambique
Namibia Niger Nigeria Zimbabwe Rwanda Senega
l Seychelles Sierra Leone Somalia South Africa
Sudan Swaziland Tanzania Togo Tunisia Ugand
a Burkina Faso Congo, Dem. Rep. of the Zambia

Middle East Bahrain Gaza Strip Iran Iraq
Israel Jordan Kuwait Lebanon Oman Saudi Arabi
a Syria Turkey United Arab Emirates West Bank
Yemen
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Latin America, Mexico, the Caribbean
Guatemala Guyana Haiti Honduras Jamaica Mexi
co Nicaragua Panama Paraguay Peru St. Kitts
St. Lucia St. Vincent and The Grenandines Surina
me Trinidad and Tobago Turks and Caicos Islands
Uruguay Venezuela
Antigua and Barbuda Argentina Bahamas Barbados
Belize Bermuda Bolivia Brazil Cayman
Islands Chile Colombia Costa Rica Cuba Domini
ca, CommonwealthDominican Republic
Ecuador El Salvador Grenada
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GMAC provides information and data about the GME
industry that enables business schools to achieve
success. We are committed to assisting schools
with facts and analyses to use in their
deliberations.For your questions or comments
regarding the data, findings, or methodology used
in this information, please email
GlobalTrends_at_gmac.comAnd, visit us online at
www.gmac.com
For more information
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own the Graduate Management Admission Test
(GMAT) exam, the most reliable and widely used
predictor of academic success in graduate
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